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Car Sell Agreement

Car Sell Agreement Template for United Arab Emirates

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Key Requirements PROMPT example:

Car Sell Agreement

"I need a Car Sale Agreement for selling my personal Toyota Land Cruiser 2020 model to a private buyer in Dubai, with the sale completion scheduled for January 15, 2025, including warranty provisions for the vehicle's condition."

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Document background
The Car Sale Agreement is a vital legal document used in the United Arab Emirates for documenting and formalizing the transfer of vehicle ownership between parties. This document is essential for both private sales and commercial transactions, ensuring compliance with UAE Federal Laws, including the Civil Code, Consumer Protection Law, and RTA regulations. The agreement should be used whenever a vehicle is being sold or purchased in the UAE, whether between private individuals, through dealerships, or in corporate fleet transactions. It captures crucial details about the vehicle, parties involved, financial terms, warranties, and the specific requirements for transferring vehicle ownership through the RTA. The document provides legal protection for both parties and serves as an official record of the transaction, incorporating necessary elements required by UAE authorities for vehicle registration transfer.
Suggested Sections

1. Parties: Identification of the Seller and Buyer with full legal names, Emirates ID numbers, and contact details

2. Background: Brief context of the sale transaction and confirmation of the Seller's ownership of the vehicle

3. Definitions: Key terms used throughout the agreement including 'Vehicle', 'Purchase Price', 'Completion Date', etc.

4. Vehicle Details: Comprehensive description of the vehicle including make, model, year, color, chassis number, engine number, and registration details

5. Purchase Price and Payment: Agreed purchase price, payment method, and payment schedule if applicable

6. Seller's Representations and Warranties: Seller's declarations regarding vehicle ownership, condition, and absence of encumbrances

7. Transfer of Ownership: Process and obligations for transferring vehicle ownership through RTA

8. Completion Requirements: Actions required by both parties to complete the sale, including documentation and RTA procedures

9. Risk and Insurance: Transfer of risk and insurance responsibilities

10. Governing Law and Jurisdiction: Confirmation of UAE law application and jurisdiction for disputes

Optional Sections

1. Condition Report: Detailed assessment of the vehicle's condition - recommended for used vehicles or high-value transactions

2. Payment in Installments: Terms for installment payments - required when purchase price is not paid in full at completion

3. Bank Finance: Additional terms when the purchase is financed through a bank

4. Agent Authorization: Required when either party is represented by an agent

5. Export Provisions: Additional requirements if the vehicle is intended for export

6. Trade-In Terms: Details of any vehicle trade-in arrangement

7. Post-Sale Services: Any agreed after-sales service or warranty provisions

8. Arbitration Clause: Optional dispute resolution mechanism through arbitration

Suggested Schedules

1. Schedule 1 - Vehicle Specification: Detailed technical specifications of the vehicle

2. Schedule 2 - Vehicle Condition Report: Comprehensive inspection report with photographs

3. Schedule 3 - Payment Schedule: Detailed payment terms and installment schedule if applicable

4. Schedule 4 - Required Documents: List of documents required for transfer of ownership

5. Appendix A - Vehicle Registration Card: Copy of current vehicle registration card

6. Appendix B - Service History: Vehicle service history and maintenance records

7. Appendix C - Insurance Documents: Current insurance documentation and transfer requirements

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Relevant Industries

Automotive

Retail

Transportation

Fleet Management

Vehicle Leasing

Automotive Finance

Insurance

Luxury Goods

Commercial Trading

Asset Management

Relevant Teams

Legal

Sales

Operations

Finance

Compliance

Procurement

Risk Management

Contract Administration

Fleet Operations

Asset Management

Relevant Roles

Sales Manager

Fleet Manager

Automotive Sales Executive

Legal Counsel

Compliance Officer

Finance Manager

Operations Manager

Business Development Manager

Procurement Manager

Contract Administrator

Risk Manager

Vehicle Asset Manager

Dealership Manager

Corporate Secretary

Transportation Manager

Industries
UAE Federal Law No. 5 of 1985 (Civil Code): Governs general contract principles, including formation, validity, terms and conditions, and termination of contracts
UAE Federal Law No. 24 of 2006 (Consumer Protection Law): Protects consumer rights and regulates the relationship between sellers and buyers, including warranty obligations and fair trading practices
UAE Federal Traffic Law No. 21 of 1995: Governs vehicle registration, transfer of ownership, and technical requirements for road-worthy vehicles
UAE Federal Law No. 18 of 1993 (Commercial Transactions Law): Relevant for commercial sales and dealer transactions, governing commercial contracts and business relationships
RTA (Roads and Transport Authority) Regulations: Specific regulations regarding vehicle registration, transfer procedures, and technical inspection requirements in the UAE
UAE Federal Law No. 19 of 2016 (Anti-Commercial Fraud Law): Ensures protection against fraudulent activities in commercial transactions, including vehicle sales
UAE Federal Law No. 14 of 2016 (Violations and Administrative Penalties): Outlines penalties and fines related to violations in vehicle registration and transfer processes
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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